We almost had the similar case like you have. (Buy first home in Feb, 2007, and have layoff note in June, 2009) There is nothing wrong with you, the system have been growing so complex, so bubble-driving and so irresponsible. It may take one or two generation to “muddle through” it. No matter which way you play, as a first generation in a new country, you need to have a good amount of cash to buffer any storm for survive. Once you survive, you will have opportunity. You may make some mistake, but you and LG will survive It is key to have the way to keep and get as much as cash as possible. Best hope for you.
